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26 Selborne Street, Derby, Derby, Derbyshire DE24 8WF

Auction Event
 

Guide Price £70,000+ plus fees

UnconditionalOn the fall of the hammer, the successful bidder will be legally bound to purchase the property. The successful bidder must immediately exchange contracts and pay the applicable deposit and Buyer’s Fee stated on the property description, both of which are non-refundable. The deposit contributes to the purchase price. The Buyer’s Fee does not contribute to the purchase price. Completion must take place usually within 30 days, unless the Special Conditions of Sale within the legal pack state otherwise.

Thursday 26th September 2024

9.00am
Key Features
  • Excellent Investment Potential
  • Three Spacious Bedrooms
  • Low Maintenance Rear Garden
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Terraced House

Property Description:

A three bedroom, mid terrace property located in the popular area of Wilmorton and offering excellent investment potential. In need of full refurbishment throughout.

The property benefits from gas central heating and in brief the accommodation comprises; entrance into living room, an internal lobby area (with stairs down to the cellar), a separate dining room, kitchen, and a downstairs bathroom. To the first floor are three spacious bedroom, the master with fitted storage over the stairs.

To the rear is a low maintenance courtyard garden with rear bin access and to the front there is ample on street resident permit parking.

Selborne Street is ideally located for both first time buyers and buy to let investors being a great rental area, close to local shops and amenities and having easy access to main road links to the City Centre, Pride Park, Derby Railway Station, Rolls Royce and East Midlands Airport.

Living Room

3.66 x 3.35m

Dining Room

3.66 x 3.35m

Kitchen

2.74 x 1.83m

Bathroom

1.52 x 1.83m

Bedroom One

3.66 x 3.35m

Bedroom Two

3.66 x 2.44m

Bedroom Three

2.44 x 1.83m

Tenure:

Freehold. Vacant possession upon completion.


Utilities Information
  • Heating Supply: Gas
  • Electric Supply: Mains Supply
  • Water Supply: Mains Supply
  • Sewerage Arrangements: Mains Supply
Parking Arrangements

On Street



Auction Details

The sale of this property will take place on the stated date by way of Auction Event and is being sold under an Unconditional sale type.

Binding contracts of sale will be exchanged at the point of sale.

All sales are subject to SDL Property Auctions Buyers Terms. Properties located in Scotland will be subject to applicable Scottish law.


Auction Deposit and Fees

The following deposits and non- refundable auctioneers fees apply:

• 5% deposit (subject to a minimum of £5,000)

• Buyers Fee of 4.8% of the purchase price (subject to a minimum of £6,000 inc. VAT).

The Buyers Fee does not contribute to the purchase price, however it will be taken into account when calculating the Stamp Duty Land Tax for the property (known as Land and Buildings Transaction Tax for properties located in Scotland), because it forms part of the chargeable consideration for the property.

There may be additional fees listed in the Special Conditions of Sale, which will be available to view within the Legal Pack. You must read the Legal Pack carefully before bidding.


Additional Information

For full details about all auction methods and sale types please refer to the Auction Conduct Guide which can be viewed on the SDL Property Auctions home page.

This guide includes details on the auction registration process, your payment obligations and how to view the Legal Pack (and any applicable Home Report for residential Scottish properties).


Guide Price & Reserve Price

Each property sold is subject to a Reserve Price. The Reserve Price will be within + or - 10% of the Guide Price. The Guide Price is issued solely as a guide so that a buyer can consider whether or not to pursue their interest. A full definition can be found within the Buyers Terms.q